The WACC of Wells Fargo & Co (WFC) is 6.6%.
| Range | Selected | |
| Cost of equity | 8.20% - 11.20% | 9.70% |
| Tax rate | 17.50% - 20.60% | 19.05% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.9% - 7.2% | 6.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.94 | 1.13 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.20% | 11.20% |
| Tax rate | 17.50% | 20.60% |
| Debt/Equity ratio | 1.25 | 1.25 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.9% | 7.2% |
| Selected WACC | 6.6% | |